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Ørsted Develops Innovative Digital Solution for Wind Farms Using FICO Optimisation

Ørsted, the world's leading offshore wind farm developer, has used FICO® Xpress Optimisation to develop a novel digital solution for designing an important part of their wind farms. This has enabled the Danish company, which has 30 wind farms in operation or under construction, to achieve significant savings while reducing overall design time and improving its ability to investigate different scenarios. For its achievement, Ørsted was awarded a 2018 FICO Decisions Award for AI, Machine Learning & Optimisation.

Wednesday, February 13, 2019 - 10:53
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Financial IT
Advapay Digital Banking conference in Tallinn was a success

On February 8, Advapay held its next conference in Tallinn on “Digital Banking: Electronic Money and Cryptocurrency. Regulation vs technology”.

The venue was not chosen by chance, because Estonia is one of the most loyal states to the cryptocurrency and blockchain.

During the event, the guests discussed trends in the development of banking services and the payment market in 2019.

Wednesday, February 13, 2019 - 10:33
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Financial IT
Mastercard Selects Token.io as a Partner for its New Open Banking Hub

Turnkey open banking platform provider, Token.io Limited, today announces it has been selected by Mastercard to power the connectivity layer of its open banking hub. The hub will connect merchants, retailers and other regulated third parties to financial institutions in Europe for data and payment transactions.

Further to the announcement in June 2018, Mastercard’s services will include:

Wednesday, February 13, 2019 - 10:06
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Fenergo Deploys on Demand Regulatory Rules

Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions for financial institutions, today announces Rules as a Service (RaaS), a cloud-based regulatory rules offering. The unique plug and play solution will enable financial institutions to easily integrate Fenergo’s award winning regulatory rules capabilities into their existing digital platforms. 

Wednesday, February 13, 2019 - 08:05
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/news/cloud/fenergo-deploys-demand-regulatory-rules
Financial IT
How real-time data technology drives AI in Financial Services

About 50 years ago, Barclays opened its first automatic teller machine (ATM) and changed the way we did banking. To this day, the ATM has been one of the most disruptive innovations of the financial sector, which forever seeks to stay on the leading edge of innovation. These days, you can deposit a cheque just by taking a picture of it using your mobile phone. Behind the scenes, artificial intelligence (AI) deciphers the numbers on your cheque and deposits the appropriate amount into your account. However, this is just on the surface because AI does a lot more than that.

Wednesday, February 13, 2019 - 07:41
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Financial IT
CLX Communications AB (publ): CLX Communications unifies its business under a shared identity and rebrands as Sinch

CLX Communications AB, a global leader in cloud communications for mobile customer engagement, today announced the launch of a new corporate brand identity with a shared name and visual identity for all business units. Products that were previously marketed under the CLX, Symsoft, Sinch, and Vehicle brands are now integrated into a unified offering.

Wednesday, February 13, 2019 - 07:06
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Financial IT
UBank Collaborates With FaceMe to Launch World's First 'Digital Human' Home Loan Application Assistant

UBank has announced customers will soon have access to the world's first digital home loan application assistant, powered by artificial intelligence (AI). Mia, short for My Interactive Agent, will begin taking customer questions in late February 2019, and aims to create a smarter, simpler home loan application experience. 

UBank CEO Lee Hatton and FaceMe CEO Danny Tomsett will be on stage at IBM Think 2019 sharing about Mia who makes use of both IBM Watson and Cloud technologies.

 

Wednesday, February 13, 2019 - 07:03
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Financial IT
MobiOcean Picks NEXT Biometrics Fingerprint Technology for Aadhaar Payment Solution

NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that the Company`s Aadhaar-certified sensor module has been chosen by MobiOcean Technologies Pvt. Ltd. for use in MobiOcean`s Aadhaar authentication and Aadhaar payments mobile platform for the Indian market. 

Wednesday, February 13, 2019 - 06:55
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/news/authentication-technology/mobiocean-picks-next-biometrics-fingerprint-technology-aadhaar
Financial IT
Sberbank to create human science and behaviour lab

Sberbank actively develops the activities of its laboratories, which include: AI, robotics, VR and AR, and other laboratories. 

Wednesday, February 13, 2019 - 06:50
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/news/banking/sberbank-create-human-science-and-behaviour-lab
Financial IT
Chainalysis Secures $30M Investment Led by Accel to Pave Way for Next Wave of Cryptocurrency Growth

Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, has secured a $30M Series B financing led by Accel. Benchmark also increased its investment in the company after leading its $16M Series A round last April. Chainalysis will use the funding to support strategic product development of new cryptocurrency usage and open an office in London that will act as a hub for its research and development lab and regional expansion. Accel’s investment was led by Amit Kumar and Philippe Botteri.

Wednesday, February 13, 2019 - 06:33
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Financial IT

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